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Stephen G.
Stephen G., Financial Advisor
Category: Capital Gains and Losses
Satisfied Customers: 6182
Experience:  Senior Tax Expert; CPA/PFS(retired)Personal Financial Planner; Small Business & Professional Mergers & Acquisitions
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What is the basis held years?

Customer Question

what is the basis for stocks held for 43 years?
Submitted: 8 months ago.
Category: Capital Gains and Losses
Expert:  Stephen G. replied 8 months ago.

It depends upon how it was acquired, whether or not dividends, if any, were re-invested; whether it was split or there were stock dividends; whether there were acquisitions, etc.

Each security is unique and has to be evaluated on a case by case basis.

Depending upon the security, and the ownership trail, it can get very complicated.

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